It is absolutely impossible to make them an independent agency and allow them to function as they are and yet give them the opportunity to guarantee or loan billions of dollars without substantially increasing their accountability and transparency.
Bachus emphasizes the need for accountability if the Fed's powers are expanded.
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My Democratic colleagues have said they want to wrap this up. So let me just simply say to you that this is having the effect of shutting down these companies, whether that was intended or not.
I would simply recognize Mr. Petri's and Ms. Tsongas' contributions in helping Mr. Kilmer with this amendment--and there may be others. I want to express to the full committee chair our appreciation for supporting this amendment, and I…
Does that make what the President did constitutional if it is unconstitutional?
Again, I thank the chairmen, the ranking members, and their staff for putting this together. The resolution process for financial institutions is one of the pieces of unfinished business from the 2008 financial crisis, and we will finish…
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